ACT - The Association of Christian Teachers

for Christians working in education

Education Funding Statement.

With permission Mr Speaker, I am delighted to make a statement today confirming the Prime Minister’s weekend announcement. The Government have committed an extra £14 billion to our schools across England over the next three years, ensuring that funding for all schools can rise at least in line with inflation next year. I take this opportunity to thank my predecessor, my right hon. Friend the Member for East Hampshire (Damian Hinds), for all the groundwork he did ahead of this settlement.

The funding announcement includes a cash increase, compared with 2019-20, of £2.6 billion to core schools funding next year, with increases of £4.8 billion and £7.1 billion in 2021-22 and 2022-23. That is in addition to the £1.5 billion per year that we will continue to provide to fund additional pension costs for teachers over the next three years. The additional investment delivers on the Prime Minister’s pledge to ensure every secondary school will be allocated at least £5,000 per pupil next year, and that every primary school will be allocated at least £3,750, putting primary schools on the path to receiving at least £4,000 per pupil the following year.